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Search Results 0 to 14 of about 15 (some duplicates have been removed)
.s. has slapped duties on wind turbine towers on china on price its says were unfairly cheap. this comes as washington welcomes a high-level chinese delegation led by the vice premier. his team is in the u.s. to talk trade and economy. he's expected to meet with u.s. treasury secretary tim geithner tomorrow. wang is the first official from the new leadership team to visit with the u.s. for more on the impact and implications of this, let's speak with frank ching, adjunct associate professor at the chinese university of hong kong. frank, hi. the first news that we're getting out of this appears to be more import duties s. this going to be the theme of u.s./china relations, or do you expect these meetings to be more of a thaw? >> well, i think that these are the first meetings since the new leadership in china was installed. and since president obama saw -- well, won second term. i think both sides want to make use of this occasion to improve their relationship. so this joint annual meeting is a platform, and i think that they will probably be able to achieve some progress on issues of con
.s. in general is looking positive. and the u.s. is creating a lot more jobs. china is still positive in the fourth quarter. china is going to show a slow and steady improvement. so we need those. >> higher expectations stronger in the likes of taiwan, india and brazil. let's go back to where you say they're weakest. greece, italy, spain, the netherlands. this is a very weak feature, indeed. how bad in it? >> it's bad. the eurozone is the global economic problem now. if you look at asia where i just returned from, both countries are feeling optimistic. but they seem to be inwardly focused now by being a triangle of china, india, indonesia. we're not seeing a great benefit into europe as we did before. for instance, germany is looking pretty pessimistic. based on its lack of export performance to places like china. >> yeah. when the bundes bank came out and shortly downgraded forecasts, how is the employment picture? if you've got a relatively healthy china and the u.s. consumer bounce back, wouldn't that help germany? >> it certainly would. germany is relatively flat in terms of the e
at the new leadership in china and think they will change the way china is -- >> well, there a new generation,i've met some of them. but the question -- i think they face enormous questions about their own internal political system i hope that there's a real international opportunity to nationalize their currency. instead of that being a threat it's an opportunity for london as a financial center to be the place where ewan trading takes place and, in fa the la cole o months r the first time in our history a chinese bank issues and rnb bond outside china and hong kong so that's because of a lot of hard work in the city of london and with the british government to make britain a place where this new activity takes place. it's a good example of us actually not do so powered by rolls royce engines and airbus planes. the that's a bit anglocentric but there are going to be oductsnd service which is people and theseountriesill want for the first time in their families histories and there's a real opportunity for western businesses. >> rose: the larger middle-class, the emerging nations for anybody w
and where is china all of this? >> so there are several different pieces. one of them going back to the economy, we used to have much higher practices than we do now. how were we able to have full employment on that? we did not have the system of the budget deficits what makes it so much harder and just to sort of duty had enough, it is the persistence of trade deficit least not have one and now we do and that is a big drag on the economy. which hasn't been better actually the trade deficit is actually significantly down but not all. we have had some that have become more competitive that is the front on which we need to work. the political debate hasn't kept up with the reality it's no longer the quarter of that anymore. it's the broadest of countries some that need to be worked on and the next president isn't just china bashing but what do we need to do have a world that is everybody trying to run a trade surplus which the government believes it is possible. [laughter] >> then there is this issue of trade and income inequality. and there's a similar level that presumably had re
as china with the issue of human rights. as long as the international community does not address the interests of the importance stakeholders, that is not really going to help. what is your take on that? >> i think they have very short form policy. i have been in moscow and we met with the russian minister of foreign affairs. syria and russia have a relationship. we need to keep such a relationship, but with such short policies by defending the assad regime, you of making such a relationship very difficult. i think the syrians see russia the same as they see the assad regime. when you see your brother and sister being killed every day -- i have been in syria and i have lots of examples. when the syrian people solve all of this happen for them, of course, they will change their position on russia. i think for russia to keep their ambassador, it is difficult to keep him in damascus. any government in the future, they will put their relationship with russia and iran as a priority. there are many voices within the opposition, and the syrian government should be open to negotiations a
taken offline. >>> video from shanghai china shows a giant shark tank at a shopping mall -- wow -- suddenly shatters spectators swept away as the water spills out. 16 people were hurt there, some were cut by the flying glass. three sharks were killed in the incident. it's believed that glass fell apart because it was too old. >> yikes. >> unbelievable. >> they're going to have to go back and get a new hot pretzel. >> how do you get sharks in a mall? okay. >> i can't answer that question. i hope someone can. >> get into >>> the widow of slain army ranger pat tillman is speaking out in a rare interview. marie tillman tells jeff glor about the private side of her late husband that we never knew and her surprising second chance at love. you're watching "cbs this morning." love. you're watching "cbs this morning." [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ br
that before in china, another mentally disturbed man went into a school and knifed 23 people, 22 of them children. i think one has died. the difference was, he had a knife. adam lanza had a gun. >> the united states, for better or for worse, is a gun culture. we are a culture that uniquely in the world sees the value and significance and firearms. it is been the case since the founding of the republic. the second amendment is scorned by many people, but it has been there since the beginning and it is very meaningful to millions and millions of people in this country. farmers represent not something evil to many americans -- firearms represent not something evil to many americans, the self-reliance. the american profile. as a result, we end up with a country that is suffused with firearms. >> and "meet the press," the author of the 1994 salt weapons and i and feinstein said she is introducing a bill to reform gun ownership standards in the next congress. >> i'm going to introduce in the senate and the same bill be introduced in the house, a bill to ban assault weapons. it will ban the sal
and latin america. the company has big expansion plans in china. there are currently more than 18,000 starbuck's around the globe. they're now charging $7 for the snazzy cup of coffee. so, of course, they can expand. >> some kind of premium blend, exotic blend. >> flecks of gold in it. >> should for $7 a cup. your thursday forecast, everybody. we have showers from portland to seattle. up to 8 inches of snow in the cascades and northern rockies. still mild in the nation's midsection. pop-up showers around omaha, nebraska and louisville. scattered showers from the carolina coast through florida. >> 70s from dallas to miami. mostly 40s in the northwest. 77 in phoenix. 37 in billings. >>> 'tis the season for some really funny movies, funny flicks. we want your help to pick the best, "world news now" classic christmas competition. say that five times fast. >> that is a mouthful. >> so get this, logon to our website at wnnfans.com. and vote. we both look borderline. >> i look cross-eyed. you look constipated. >> too many candy canes. vote early and often. on our facebook page. let us kn
is the economy that is in recession. many will be watching to see how he handles high tensions with china as the two countries spar over disputed islands. as well as north korea which deidentified the international community launching a rocket that skirted japan's territory. there is also japan's energy policy with him suggesting nuclear power will stay on the table despite ongoing troubles. >> new, a major blow to the syria government. the general of the military police appeared on television last night and announced he was defecting and joining the rebels. while dozens have left since the crisis started he is one of the highest ranging to abandon the government. >>> the taliban is claiming responsibility for a suicide bombing outside a united states base in eastern afghanistan. officials say a car bomb went off at the gates of camp chapman. the blast killed a security guard and two delivery truck drivers. officials say the base has been targeted by attacks in the past. >>> egypt has a new constitution. the president signed the constitution into law more than ten million voted to suppor
it matters, and it does. [ male announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> welcome back to "squawk box," everybody. in our headlines we're about an hour away from the november jobs report and the numbers are expected to be impacted by sandy. the dow jones forecast is calling for new 80,000 nonfarm jobs. >>> the reuters forecast is calling for 93,000 new jobs. >>> ibm is implementing a significant change to its benefit program. starting next year matching contributions to employees' 401(k) accounts will be given in one lump sum on december 31st. if a worker leaves the company before december 15th, they won't get anything from that
over time. and if you look at china in particular, they are now looking for corporate bonds and alternative investments rather than u.s. treasury securities because they don't like what they see and understandably so. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because their mandate was changed in the late 70's to where they have to be concerned with short-term unemployment. in the absence of the congress and president working together to get a fiscal deal, they're the only game in town, so we need a fiscal deal and then ultimately the fed has to change its policies because both are improve -- in britain and unsustainable over time. >> the most successful physical consolidations in the developed democratic world occurred in canada in the mid-1990s. and i frequently asked canadian politicians, how did you do it? because the public point from cheering on spending to an abhorrence of deficits within a matter of a year to. so governments in canada now, there is some peril if they don't balance the budget. and the
Search Results 0 to 14 of about 15 (some duplicates have been removed)

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